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I think fulfilling the conditions to get a launchpad or listing on Binance or other top exchanges is one thing and performing in a consistent manner for the long term is another. There is no guarantee the launchpad token will perform best, at least for the long term. I think irrespective of the launch pad or listing, we need to see the performance of the coin for the longer term and then invest in looking into project details.
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I think there is a show stopper for investors in the confidence when it comes to hacking of exchanges. From my point of view, the safe way will be to invest in main currencies like Bitcoin and or ETH or the one who are having their own blockchain. Then keep them safe in the hardware wallet and not in the exchange until there is any need of trading. The advantage of investing in father coins is that it can be kept in hardware wallet for long term.. As for other coins there is possibility that they may change their blockchain network at any point of time and thus having the value to zero if we don't switch them.
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The answer lies in the history of Cryptocurrency, Bitcoin. From 2010 till today, even though we have seen major ups and downs, the range or duration shows growth only. Cryptocurrency is not just about trading different coins but it involves the evolution and revolution of different technologies. Until 2019, there were normal projects but later the game changed and now almost all projects are adopting AI. The meaning is, that cryptocurrency and related projects are adopting new technology before the the world does. Looking at this, I see a very bright future for cryptocurrency overall. Also, If we look at the scams, there is no industry as such where scams are not happening, so it is normal here as well. Overall, one should invest in top coins for the long term.
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Always number one altcoin in my list. it has shown in the history, the rising charts and associated gains with it. I see every deep is the opportunity to accumulate more. I still remember the end of 2018 period where the market was in the panic situation and those who bought ETH are very relaxed now. ETH is till number one choice for dapps. Having said so, last year due to high gas fee, many projects switched the ETH network to other blockchains, but seems now everything is under control.
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Yes, I see now kind of every project that is getting introduced now in the crypto space is having integration with AI. I think this is the time now as it is the new trend. We have seen with initial phases of ICO, IEO, meme, and defi all were successful and gave good returns. Having said so, we need to be cautious as these are crypto projects with too much volatility. We can invest some amount accepting the risk to ride on the wave.
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Not sure if you are still holding it or not. If you have not sold it yet, holding it is the best option now. BNB has a very bright future and there is a long way to go. I believe BSC is the second choice for many of the projects (most of them have first) for dApps for selection of blockchain network. When ETH had gas fee issues, most of the coins switched their network to BSC which benefitted BNB. Also, the top benefit of BNB is having Binance exchange and its huge community, so the appraisal is never-ending.
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There are many aspects to it. Both ways, paying in stablecoins/established tokens or own project's tokens have pros and cons. If paid a fixed amount in stablecoins, and the project has performed really well, multiplying the coin's value, bounty hunters may feel pain seeing the gain. Having said so, seeing the percentage of projects succeeding, having payment in stable coins or established coins is the best option. This will also showcase more confidence and trustworthiness from the project to bounty hunters as well as the community.
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As Elon Musk is a huge supporter, fan, and holder(?) of DOGE, and moreover has such a large community via Twitter, no wonder any news from his side for this coin will influence many traders as well as investors reflecting the price surge. However, this will provide benefits to current holders so it is good news. If such posts or news continues from Elon Musk periodically, the DOGE coin may reach $0.75 for sure.
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This is huge! However until the year 2020, no one was thinking about the $20K mark, and until 2021, no one was thinking near the $50K mark. From my point of view, $100K is possible by the year 2026 looking at the last two bull runs and awareness in the crypto market but the one million mark seems impossible. The market cap of Bitcoin with a price of $ 1 million, is not even thinkable.
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How can you even be sure about the 2024/2025 bull run? There are chances of it but one can not be sure about the bull run. Also, we need to clearly define what bull run means I mean after how much X we call it bull run.
Whatever the conditions of the market, if the said situation is there and you see 2 or 3x returns, I think you should book some. And if the conditions are not favorable, you can accumulate to have more gains in the coming bull run season.
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The name of the coin is really misleading. What is it to do with Trump? Does anyone should buy looking at Trump? Or is it the coin for his supporters?
Whatever details are given, how at this stage can have confidence or trust in this project? If everything is good, down the line of six to seven months, we people may see the performance and then decide. I don't see enough details even for DYOR. One should be cautious thinking about this project.
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I was loving and enjoying taking risks until I ended up in a situation like yours. At least the game is not for me. There is no hard thing to do to take the risk, or even anyone can take the risk. The question is: who is capable of managing the same? That person is actually the trader. Risk management is the prime factor while trading in cryptocurrencies. If we don't do proper risk management( deciding how much profit or loss to take and adhering to it strictly), we may end up at a huge loss.
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In simple words, there is no next bitcoin. Nothing can be compared with bitcoin. A father is always a father. In the future, he may become the godfather, though.  Also, it's not too late; rather, it's never too late if you invest in bitcoin for the long term. Since you are young, you can hold on for many years and see how your investment grows. There are other decentralized projects out there. With thorough research, you can invest there as well. |
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Honestly speaking, the projects which are in testing phase, are generally in the middle of the development. At that stage, the user base and community growth is less. Also due to testing phase, most of the time enough funds are not available to projects to work or develop as per the expectations. In such situations, projects rewards the testers with their own tokens or coins. The price of those then purely depends on the testing, development and user base. So the chances or probability of getting handsome rewards is less.
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From my point of you holding the altcoins is the best option now. At the moment market seems exhausted and under pressure. But this is not true for all the altcoins. Thinking selling now and again buying on deeps, may trap us and leave us with the profit booked. The best way would be to accumulate if the price goes down or sell with more gains next year and that would be the best situation.
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Even though some targets may be derived from technical analysis, for eth price for next year, the market conditions and world news can make it blur. In short we can not be sure for future price. I would suggest you by small amount of eth, to fulfill gas fees(considering 50% increase in gas fee next year). If next year the price of eth will fall, you can accumulate more. This will save you from condition buying eth at high price if it goes high.
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I am a person who never won any lottery but when dedicated to working on something, I get an ample amount of money. In 2018 when I started working as a Bounty hunter(as the secondary job of course), After two three years I came to know how much money I had earned which I would not have earned doing an office job for 10 years. Here the game turned. Seeing so much money in my hand, suddenly I saw everywhere when traders were earning thousands of dollars doing cryptocurrency trading. It was like the grass is always green on the other side. As mentioned earlier, due to overconfidence and not following risk management, lost some portion of the money that I earned through bounties. Now I have realized that I must work hard and that too with dedication, then only I can have a good earning status. Just to iterate, working as a bounty hunter or trading in cryptocurrency was never my primary source. Still, I am working in a tech company and getting monthly salaries.
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Altcoins can give you good returns that for sure but the same returns another altcoins may take it back along with the investment you made. Yes, the short term trading may give you benefit but one need to be good in technical analysis to have correct entry and exit. Also some(scam) may even not follow the technical analysis conclusions.
The important point is how to identify such scam projects before entering.
Having said so, good altcoins projects are need of blockchain networks like eth or bsc or other. With these dapps only they can grow.
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